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Suzuki to meet Deshmukh and Hooda on Friday

New Delhi, Sep 03, 2009 (Asia Pulse Data Source via COMTEX) --

Company: Suzuki Motor Co. (SZKMF)

Japanese auto maker Suzuki Motor Corporation Chairman Osamu Suzuki, who is on a three-day visit to India, will meet Heavy Industries Minister Vilasrao Deshmukh and apprise him on investment and expansion plans for India.

Suzuki will also meet Chief Minister of India's northern state of Haryana Bhupinder Singh Hooda, industry sources said.

The country's largest car maker Maruti Suzuki India (MSI), majority owned by the Japanese firm, is investing up to Rs 1,500 crore in building test tracks and an R&D centre in Rohtak, Haryana.

Maruti is also considering increasing production capacity at its Manesar facility, and a decision on this is likely soon.

The company is executing its three-year plan of Rs 9,000-crore up to 2010 and is working on plans for new investments and capacity expansion in the presence of Suzuki, who has come to India to attend the company's AGM.

Copyright (C) 2009 Asia Pulse Data Source. All rights reserved

News Provided by COMTEX

Company: Suzuki Motor Co. (SZKMF)


Related terms: expansion, india, investment, japan

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